Opening bell: Asian markets open higher; Jindal Steel, SBI in news

New Delhi, Dec. 21 -- US stocks close higher; Asia follows suit
US stocks rose on Tuesday, led by financials, as investors remained unfazed by geopolitical tensions, while the Dow Jones industrial average kept marching toward 20,000.
Asian markets gained, after the Dow hit a new record close overnight. Japan's benchmark Nikkei 225 opened up 0.34%.
Cyrus Mistry fires first salvo in legal battle against Tata
A day after Cyrus Mistry said he would take his battle with Tata Sons-and the Tata Trusts that control the Tata holding firm-to another forum, he did just that.
RBI had 2.47 billion Rs2,000 notes on 8 November, reveals RTI response
A recent query under the Right to Information (RTI) Act has shown that the Reserve Bank of India had a stock of 2.47 billion Rs2,000 notes, an equivalent of Rs4.95 trillion, when demonetisation was announced on 8 November. That was just one-fourth of the Rs20.5 trillion worth stock of old Rs500 and Rs1,000 notes at that point in time.
Jindal Steel may sell stake in Oman unit to cut debt
Jindal Steel and Power Ltd is likely to sell a significant stake in its Oman unit, Jindal Shadeed Iron and Steel Llc, to meet debt repayment obligations.
Reliance Home Finance to raise Rs3,500 crore via NCD route
Reliance Home Finance Ltd, a unit of Anil Ambani-controlled Reliance Capital Ltd, said it will raise up to Rs3,500 crore by selling non-convertible debentures (NCDs).
Tech Mahindra bets on DAVID strategy to fuel growth
Tech Mahindra Ltd, part of the $18 billion Mahindra group, has made its big technology bets for the future through a strategy internally called DAVID.
Analjit Singh resigns from Tata Global Beverages board
Tata Global Beverages Ltd said that Analjit Singh, non-executive independent director of the company, has resigned from its board with immediate effect.
SBI gets shareholder nod for Rs5,681 crore preferential issue to govt
The State Bank of India (SBI) has received shareholders' approval for a preferential issue of equity shares to the government for up to Rs5,681 crore.
Fitch downgrades R-Com's credit rating to 'B+'
Fitch Ratings has downgraded credit rating of Reliance Communications as it feels that the ongoing joint venture plan of the company with Aircel and the proposal to sell a stake in its mobile tower arm will be negative for creditors.
Published by HT Syndication with permission from MINT.